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17.11.16. JSCB NOVIKOMBANK joined payment system “MIR”

In November of the current year the key bank of Rostec, JSCB NOVIKOMBANK has received the status of indirect participant of payment system “MIR” and has begun technical connection to the system.

Before the end of the current year all ATMs of JSCB NOVIKOMBANK will start servicing of payment cards “MIR”, and in 2017 the Bank will start their emission, providing customers with reliable, beneficial and protected from external factors product.

Payment cards “MIR” will be offered to both the employees of JSCB NOVIKOMBANK’s corporate clients, who already receive payroll services, and to other retail customers of the Bank. It will be possible to make the card “MIR” as the main one or as an additional one to the card of international payment systems MasterCard and Visa. In addition, the Bank plans to launch a co-badging product – collaborative card of two payment systems MIR-Maestro.

The first cards of Russian payment system “MIR” were issued in December 2015. Nowadays, more than 150 banks have joined the system. It is planned that the card will get a maximum circulation in Russia as well as its foreign operation under co-badging programs in cooperation with international payment systems. The Payment system “MIR” was developed in the frame of Import Substitution Programme and it is the important state project which is to make all payment transactions uninterruptable within the country.

Thus, JSCB NOVIKOMBANK actively contributes to the development of Russian payment system which allows protecting card holders from hostile actions of foreign states and other unanticipated circumstances.